Mozambique vs Papua New Guinea: Total reserves
Total reserves over time
- Mozambique
- Papua New Guinea
How they compare
Mozambique currently reports 3.84 billion includes gold, current US$ against 3.71 billion includes gold, current US$ in Papua New Guinea, a difference of 133.90 million includes gold, current US$.
The two have swapped places 7 times across 41 shared years of data; in 1984 it was Papua New Guinea ahead.
Globally, Mozambique ranks 114th and Papua New Guinea ranks 116th of 181 countries.
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About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.